freebitcoin

About FreeBitco.in

FreeBitco.in is my favourite faucet, they have a business plan which keeps the faucet financed and increases their income too and all without being blasted with adverts and popups!

It’s also the most popular bitcoin faucet.

There have been many faucet’s or faucet networks over the years, but this is still one of the best and one of the very few that have survived until now. ​ Thanks to COVID-19 alot of crypto projects have closed, partially due to the reduce ad networks income and the low BTC value making mining unprofitable.

FreeBitco.in Daily Interest

Once you have over 30,000 Satoshi you will then earn interest that is paid daily, so is compounding daily. Now anyone who understands compounding knows this is the secret of the financial world that either makes you richer or much poorer. Since we’re not borrowing, we’re in the fortunate position to become richer.

The annual interest rate work out to 4.08%. Now that’s far better than the 0.25% from a savings account!

Now if you want to earn interest you’re best to turn off the auto withdraw.

Ways to earn at FreeBitco.in

So there are a few ways to earn, either directly with the faucet, interest, referrals and gambling.

Referrals

So the type of referrals you want to attract are those as dedicated as you or those who love to gamble.

Earning pitfalls

There are lots of strategies on the web and on tube, all based around the Multiplier game. All of these strategies rely on one of two things, either a BOT or Martingale.

So a BOT is a program which automates actions, bypasses website checks and that’s the honest ones, the worst will change your BTC withdrawl address and steal you coins. If you’re not using the worst and they detect you are cheating, then your account will close and you’ll loose your coins. So basically don’t use BOTs.

Now Martingale is a betting strategy that’s been around a long time, it may seem like it works, when you win 100 times in a row, but loose 10 times in a row and you’ll more than likely go broke. It’s because each time you loose your stake is multiplied, so you’ll get to a point where the loss and the required stake takes you to ZERO.

The more Satoshis you have, the better chance you have, that you won’t get a long streak of losses. But only in the short term.

And don’t think because it’s about 50/50 it would be impossible to get such a long streak of losses (like 9 or 10 in a row) right? Wrong, because the more often you play, the more likely it will happen. That doesn’t mean the site doesn’t play by the rules, it’s just mathematics.

Now by all means try if you want, but don’t play with what you can’t loose.

Betting

So something newer is the Betting, much like a bookmaker, you can bet on events using bitcoin and payouts in bitcoin. I don’t know maybe there is a way to match bet, sure bet or arbitrage this, I’ve not really looked into this.

So how can I earn more, Collect Reward Points!

You should take a look at the reward point system. Whenever you roll the dice or roll the faucet you will receive reward points. Reward points can be traded in for things like 1000% per claim for 24 hours.

You should disable the lottery tickets, so that you earn more reward points with each roll.

​Now that you receive reward points much faster, you can even redeem them, to receive more reward points per roll. If you roll more often than 12 times per day, this can help you grow your reward points really fast!

So I know the risks of gambling, but I want to try my luck

Maybe you’ll be the lucky one and win big or over the long term. It’s up to you. Below is a basic strategy to follow if you must.

  • Keep on getting free BTC until you got around 0.00015000 BTC or more.
  • Now the real fun begins, now simply click on Multiply BTC game. It will look like as shown in below figure:
earn with btc, earn btc, get btc free, how to earn with freebitco.in
  • In this game, hit the Auto Bet and then click on ON Lose.
  • In ON LOSE, tick the second option which says, increase bet by and make it 100%.
  • One more thing to change is BET ODDS, make it 3 instead of 2.
  • Now hit the Start Auto Bet button and let the game begin.
  • Your are going to win big or you’re going to bust out

Don’t say I didn’t warn you

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